Target 145, 180 and if continues then 245 .......

It is and it was always a good share . See its capital and reserves and sales pattern....

BONUS? RIGHTS? BUYBACK ON OPEN OFFER ? ONE OF THEM IS A MUST !!! ASTRA ZENECA is a solid multinational Co with very strong fundamentals,a sound management ,a rich pipeline of products & a strong thrust on marketing which the Co has recently adopted in India, which will bear fruits shortly.These are not the only reasons for the outperformance of the stock in the short,medium & Long term. Just consider this... The passing of the SCRA(Securities Contract Regulation Act),which envisages a mandatory reduction of promoter holding in a listed Co in India, is a foregone conclusion very shortly and as per this, AZ will have to reduce their holding to 75%from the present 90% .This can be done by the co by 1.Issue bonus shares to only non promoter shareholders which is allowed by law.This means they will have to issue 37.5lakhs shares to the existing shareholders.This option is unlikely immediately as they would have to reduce their holdings in tranches of 5 % every year for 3 years from 2010. 2.A rights issue at a dicount to the market price ,which will definitely benifit the minority shareholders,bcos the issue here is to make the rights issue a success to reduce the shareholding.This option is likely OR 3.Make an OPEN OFFER to the minority shareholders ,mop up the promoter shareholding to above 95% and delisting the shares from the Indian stock exchanges. This option is also likely Which ever way you look at the options the co has ,this will benifit the shareholders in this co immensely.Contradicting views to my observations most welcome! CAVEAT:I HOLD SHARES IN ASTRA ZENECA & WILLCONTINUE TO HOLD THEM FOR LONG ...

Thanks for this news. Any ratio of merger also mentioned??...

Can you elucidate how Bonus issue could increase public holding since Promoter too would be eligible for Bonus.Will not percantage of Public holding remain SAME? Thanks....

gautys-Procter and gamble may even go above Rs2000/-very gracefully!!At current levels it seems to be under accumulation!!...

gautys-There is nothing to worry!!P&G is a TOP STOCK!!It will not dissappoint!!...

what is the target and duration.........

Guys I completely agree with Shridhar look at the pattern it was taken to 1000 and was consolidating at that rate and was brought down to 930 levels and from there on was taken to 1100 odd rate and since last 2 days the stock is brought down the stock is down by Rs.60-70 since Thursday and the there is a possibility that the operators will beat it down further more. Do not fear and keep on holding the scrip. Trust this will taken as a small advice those who trust in the future of their holding in this company. Loose heart holders please be firm....Thanking you we remain.........

The company shall be declaring its annual results in January or so and we can expect a bonus issue or buy back announcement coming in.Any which circumstance the share holders will benefit in holding.Cheers for that....

The stock is getting accumulated between 350-380 for future rise. keep eye on this stock on daily basis shall burst any monent and touch 420-430....

Read this : Tata Chemicals Ltd has informed BSE that the Company has acquired 980000 Equity Shares
Rs. 10/- each at a price of Rs. 908.51 per share (inclusive of premium of Rs. 898.51 per share) of Rallis India Ltd (Rallis) on November 09, 2009 through Preferential Allotment under SEBI (Issue of Capital And Disclosure Requirements) Regulations 2009. With the said acquisition, the shareholding of the Company in Rallis has increased from 45.97 % to 50.06% and Rallis has become subsidiary of the Company.

I had earlier also said that Tata Chemicals will acquire Rallis and merge with it. Still time left for investment and Tata Chemicals to announce mereger of Rallis with itself.Take a call and do not miss the opportunity.
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Phiroz you are correct my mistake and i stand corrected on the bonus and the only way out would be delisting in that case.... ...

There is a article today in Business Standard mentioning that Tata group on the verge of consolidation and Rallis India to merge with Tata Chemicals. If that is true than enjoy the ride in Scrip....